Revenue from Contract with Customer (Tables)

9 Months Ended

Sep. 30, 2018

Revenue from Contract with Customer [Abstract]

Schedule of disaggregation of revenues [Table Text Block]

The following tables present revenue disaggregated by segment on an adjusted operating basis with a reconciliation of segment revenues to those reported on the Consolidated Statements of Operations:

	Three Months Ended September 30, 2018
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other			Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	479	$	—	$	—	$	—		$	479	$	—	$	479
Institutional	—		125		—		—		—			125		—		125
Advisory fees	740		—		—		—		—			740		—		740
Financial planning fees	75		—		—		—		—			75		—		75
Transaction and other fees	87		48		15		2		—			152		—		152
Total management and financial advice fees	902		652		15		2		—			1,571		—		1,571
Distribution fees:
Mutual funds	182		64		—		—		—			246		—		246
Insurance and annuity	220		44		85		9		—			358		—		358
Other products	156		—		—		—		—			156		—		156
Total distribution fees	558		108		85		9		—			760		—		760
Other revenues	43		—		—		—		—			43		—		43
Total revenue from contracts with customers	1,503		760		100		11		—			2,374		—		2,374
Revenue from other sources (1)	85		12		528		600		49			1,274		26		1,300
Total segment gross revenues	1,588		772		628		611		49			3,648		26		3,674
Less: Banking and deposit interest expense	24		—		—		—		2			26		—		26
Total segment net revenues	1,564		772		628		611		47			3,622		26		3,648
Less: intersegment revenues	235		13		91		17		(2		)	354		2		356
Total net revenues	$	1,329	$	759	$	537	$	594	$	49		$	3,268	$	24	$	3,292

	Three Months Ended September 30, 2017
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other			Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	467	$	—	$	—	$	—		$	467	$	—	$	467
Institutional	—		140		—		—		—			140		—		140
Advisory fees	641		—		—		—		—			641		—		641
Financial planning fees	71		—		—		—		—			71		—		71
Transaction and other fees	89		51		14		3		—			157		—		157
Total management and financial advice fees	801		658		14		3		—			1,476		—		1,476
Distribution fees:
Mutual funds	186		68		—		—		—			254		—		254
Insurance and annuity	212		43		82		10		—			347		—		347
Other products	120		—		—		—		—			120		—		120
Total distribution fees	518		111		82		10		—			721		—		721
Other revenues	36		—		—		—		—			36		—		36
Total revenue from contracts with customers	1,355		769		96		13		—			2,233		—		2,233
Revenue from other sources (1)	67		15		530		465		51			1,128		18		1,146
Total segment gross revenues	1,422		784		626		478		51			3,361		18		3,379
Less: Banking and deposit interest expense	12		—		—		—		1			13		—		13
Total segment net revenues	1,410		784		626		478		50			3,348		18		3,366
Less: intersegment revenues	233		12		88		16		(1		)	348		4		352
Total net revenues	$	1,177	$	772	$	538	$	462	$	51		$	3,000	$	14	$	3,014

	Nine Months Ended September 30, 2018
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other			Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	1,431	$	—	$	—	$	—		$	1,431	$	—	$	1,431
Institutional	—		345		—		—		—			345		—		345
Advisory fees	2,137		—		—		—		—			2,137		—		2,137
Financial planning fees	223		—		—		—		—			223		—		223
Transaction and other fees	268		144		44		6		—			462		—		462
Total management and financial advice fees	2,628		1,920		44		6		—			4,598		—		4,598
Distribution fees:
Mutual funds	556		201		—		—		—			757		—		757
Insurance and annuity	673		131		253		27		—			1,084		—		1,084
Other products	448		—		—		—		—			448		—		448
Total distribution fees	1,677		332		253		27		—			2,289		—		2,289
Other revenues	131		2		—		—		—			133		—		133
Total revenue from contracts with customers	4,436		2,254		297		33		—			7,020		—		7,020
Revenue from other sources (1)	232		51		1,566		1,630		164			3,643		142		3,785
Total segment gross revenues	4,668		2,305		1,863		1,663		164			10,663		142		10,805
Less: Banking and deposit interest expense	60		—		—		—		4			64		—		64
Total segment net revenues	4,608		2,305		1,863		1,663		160			10,599		142		10,741
Less: intersegment revenues	722		37		271		46		(3		)	1,073		12		1,085
Total net revenues	$	3,886	$	2,268	$	1,592	$	1,617	$	163		$	9,526	$	130	$	9,656

	Nine Months Ended September 30, 2017
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other			Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	1,367	$	—	$	—	$	—		$	1,367	$	—	$	1,367
Institutional	—		347		—		—		—			347		—		347
Advisory fees	1,817		—		—		—		—			1,817		—		1,817
Financial planning fees	210		—		—		—		—			210		—		210
Transaction and other fees	271		155		42		6		—			474		—		474
Total management and financial advice fees	2,298		1,869		42		6		—			4,215		—		4,215
Distribution fees:
Mutual funds	572		219		—		—		—			791		—		791
Insurance and annuity	621		125		242		25		—			1,013		—		1,013
Other products	348		—		—		—		—			348		—		348
Total distribution fees	1,541		344		242		25		—			2,152		—		2,152
Other revenues	119		1		—		—		—			120		—		120
Total revenue from contracts with customers	3,958		2,214		284		31		—			6,487		—		6,487
Revenue from other sources (1)	183		42		1,577		1,485		164			3,451		102		3,553
Total segment gross revenues	4,141		2,256		1,861		1,516		164			9,938		102		10,040
Less: Banking and deposit interest expense	34		—		—		—		2			36		—		36
Total segment net revenues	4,107		2,256		1,861		1,516		162			9,902		102		10,004
Less: intersegment revenues	701		35		259		46		(1		)	1,040		12		1,052
Total net revenues	$	3,406	$	2,221	$	1,602	$	1,470	$	163		$	8,862	$	90	$	8,952

⁽¹⁾ Revenues not included in the scope of the revenue from contracts with customers standard. The amounts primarily consist of revenue associated with the manufacturing of insurance and annuity products or financial instruments.